Blockchain Technology and the Use of Municipal Cryptocurrencies in Metropolitan Planning Cover Image

Technologia blockchain a wykorzystanie miejskich kryptowalut w planowaniu metropolitalnym
Blockchain Technology and the Use of Municipal Cryptocurrencies in Metropolitan Planning

Author(s): Oğuz Özbek, Dilara Efe
Subject(s): Public Finances
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: blockchain technology; commuting; functional regions; metropolitan planning; municipal cryptocurrencies

Summary/Abstract: This paper examines the potential use of blockchain technology in metropolitan planning by focusing on municipal cryptocurrencies as a new type of crypto financing. Decentralisation through blockchain technology offers several advantages for the provision of metropolitan services: transparency, security, participation, productivity and immutability. The transformation of traditional municipal services into smart city functions raises the importance of blockchain technology for metropolitan planning. Blockchain technology can be used in metropolitan planning for several analytical purposes: transportation planning, logistics planning, demarcation of metropolitan borders and metropolitan hinterland, mapping urban morphologies, accessibility analysis of metropolitan services and monitoring of metropolitan safety services. Here, labour market data, commuting data, statistical regional data and jurisdiction data are the main components of metropolitan analysis. Municipal cryptocurrencies incentivise and enrich the processes of data management for metropolitan planning. In the paper, one potential application of municipal cryptocurrencies is briefly exemplified by a peer-to-peer (P2P) transmission and incentivisation of commuting data for metropolitan areas.

  • Issue Year: 2022
  • Issue No: 22
  • Page Range: 73-83
  • Page Count: 11
  • Language: English